DTCC-Euroclear Global Collateral has launched the Inventory Management Service (IMS), a solution that enables market participants to mobilise securities from the US to Europe for use as collateral amid rising demand for high-quality securities to back trades. With IMS, financial
Watson Wheatley Financial Systems (WWFS), a provider of securities reconciliation, has added DTCC reconciliation to their offering. The iRecs platform automatically downloads and links daily positions with underlying trade data and reconciles it against internal records. “Adding the DTCC
Commcise and Convergex's Westminster Research Associates are to offer a fully integrated, technology-based solution that allows asset managers to be compliant with the upcoming MiFID II regulations relating to payment for research. Westminster is a broker-dealer specialising in providing full-service
Michael Stewart and Michael Di Felice have joined the the fixed income credit group of BTIG. Both will be based in New York, reporting into Darren Haines and Drew Doscher, Co-heads of the fixed income credit group at BTIG.
Quantopian, the free online platform for education and creation of institutional-quality investment algorithms, has hired Leslie Baccini as director of investor relations. Baccini (pictured) comes to Quantopian with a background in hedge fund strategy communication and equity research sales.
The alternative UCITS market continued on its strong growth path in February with LuxHedge recording a net inflow of EUR5.8 billion in assets under management, representing solid growth of 1.4 per cent on a monthly basis. For the second month
The European Energy Exchange (EEX) and the Polish Ministry of the Environment have concluded an agreement under which EEX, in its capacity as the common EU auction platform, will auction off the Polish share of emission allowances until a national
Jersey has introduced a new regulatory framework for private funds which the Jersey Financial Services Commission believes will enhance the island’s competitiveness as a jurisdiction in which to establish funds. The new Jersey Private Fund consolidates and streamlines Jersey’s private
The Jersey Financial Services Commission (JFSC) has launched the Jersey Private Fund (JPF) Guide, setting out the criteria for Jersey’s new private fund product which can be marketed to up to 50 professional investors. The JFSC has launched the JPF
CEO and Founder of Sun Global Investments, Mihir Kapadia, has commented on why investors are increasingly choosing ETFs over hedge funds. “ETFs already outstrip hedge funds by about USD3.4tr, or by over 10 per cent,” Kapadia (pictured) says. “The ETF industry has
